Highlights of contributions. The contribution of this paper is threefold. First, we propose a modelling framework where we capture the irrational behaviours originating in the context of behavioural economics through Kahneman and Tversky's prospect theory. In the proposed framework, we study the game-environment feedback on replicator dynamics[1]} and we extend it to a different kind of dynamics, i.e. pairwise comparison dynamics. Second, we carry out the stability analysis of the system resulting from these dynamics and discuss its differences with the original model. Lastly, we extend the work on the PD to account for the abstain strategy via the OPD. Motivated by the importance of the abstain strategy in real-life contexts and the irrational behaviours in many decision making settings, we investigate the system resulting from the application of pairwise comparison dynamics to the optional game.
